TORONTO Road Springfield, IL 62707

Listing agent Jay Clark License #475103848 Show Phone

Listing office The Real Estate Group, Inc. m***@thegroup.com 3701 West Wabash, Springfield, IL Show Phone

Listing date May 7, 2026

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MLS# CA1043546

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Investment Insights

Based on property information with market context.

This 45.03-acre property is located at the northeast corner of Toronto Road and North Cotton, near the I-55 Toronto Road interchange. Situated within a mile of both the University of Illinois Springfield (UIS) and Lincoln Land Community College (LLCC), the site offers potential for residential and commercial development, specifically office or retail spaces. Engineering layouts for both residential and commercial applications are available. The property is zoned R-3 and S2. The location benefits from a daily traffic count of 8,800 vehicles.

Key Highlights

• 45 acres of land suitable for development.
• Prime location at the NE corner of Toronto Road and North Cotton, near the I‑55 Toronto Road interchange.
• Development potential for both residential and commercial (office/retail) use.

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FAQs

What type of property is this?

Commercial land - 45 acres suitable for residential or commercial development.

Where is this commercial land located?

The property is located at TORONTO Road Springfield, IL.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 45 acres of land suitable for development.; Prime location at the NE corner of Toronto Road and North Cotton, near the I‑55 Toronto Road interchange.; Development potential for both residential and commercial (office/retail) use.